ISRAEL - Global Carmakers Invest in Israeli AI Platform

Arno Froese

The artificial intelligence start-up Cortica has partnered with world-leading carmakers and investors to launch Cartica AI, an automotive visual intelligence platform based on self-learning technology.

Continental, Toyota AI Ventures, BMW i Ventures and OurCrowd will invest undisclosed sums in the company’s autonomous AI platform, which aims to increase road safety and lower casualties on global highways.

Founded in 2007, the Tel Aviv-headquartered Cortica has operated for two-and-a-half years in the field of autonomous mobility. The launch of Cartica AI as a separate company seeks to expand the firm’s activities in the automotive sector. Cortica has previously secured more than $69 million in funding, and employs over 100 workers in Tel Aviv, Haifa, New York and Geneva.

Cartica AI’s autonomous technology is based on more than a decade of research and development at the Technion–Israel Institute of Technology in Haifa, and is protected by over 200 patents. Unlike the conventional AI approach of supervised deep learning, which is heavily based on massive amounts of human-labeled data, the company says its technology enables unsupervised learning from real-world data, resulting in greater accuracy in edge cases and challenging road scenarios. The platform promises high-accuracy visual perception in all weather and lighting conditions, with the ability to recognize and predict the actions of thousands of objects.

The new company’s operations will be transferred in November from Cortica’s Tel Aviv headquarters to its own new offices, where it is expected to employ 100 developers. The company also plans to open an office in Munich, which will boost its activity in proximity to Europe’s leading automotive manufacturers.

-www.jpost.com, 4 September 2019

Arno's commentary

There is no end to reading or hearing news about Israel’s intellectual capacity relating to artificial intelligence (AI). The world—in this case, leading car manufacturers—prefers Israel’s AI platform to add security to their vehicles.

From biblical prophetic perspectives, we see God’s goal with His people, as the prophet Ezekiel mentions: “Moreover I will make a covenant of peace with them; it shall be an everlasting covenant with them: and I will place them, and multiply them, and will set my sanctuary in the midst of them for evermore” (Ezekiel 37:26).

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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